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RM Secured Direct Lending report 'robust' Q3 performance due to 'defensive nature' of portfolio

RM Secured Direct Lending's (LON:RMDL) Pietro Nicholls and James Robson catch up with Proactive London on their third quarter performance.

Robson highlights the positive NAV return of 2.25% for the quarter which year to date is minus 1.10%, set against the backdrop of the global health pandemic. He says this 'robust' performance underlines the defensive nature of the strategy and investment trust.

Nicholls talks through the fund's partnership with the UK’s economic development bank (the British Business Bank) to provide financial support to UK businesses during the global health pandemic.

Quick facts: RM Secured Direct Lending

Price: 80.7499 GBX

LSE:RMDL
Market: LSE
Market Cap: £96.51 m
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RM Secured Direct Lending maintains dividend and reports a 'strong mixed...

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls updates Proactive London's Katie Pilbeam on its portfolio’s performance in the first half of 2020. Nicholls explains that versus its peer group the results were a 'strong mixed picture' especially given the context of the challenging...

on 18/8/20

2 min read